No one said it was easy.... more so if it was everyone would be rich.
The markets have to fool some people.. .
Originally Posted by jdox
I honestly don't know how anyone trades this BS market anymore. I see a descending triangle break out with volume so go long and it goes back into the triangle and stops me out. Then the price runs all the way to to the bottom and breaks down so i go short and once again back into the triangle for a stop out. Then a falling wedge breaks out and a huge hammer on the hourly so I go long and it looks like its about to fail and stop me out again. So sick of this f'n bs.
really i dont know what you guys are so confused about lol. there is alot of thumbs in the pie right now.
SOH for awhile then save your commissions.
Originally Posted by IchibomB
Price may fall 100 points and I miss it. Oh well...no one can predict something like that.
ehhh i agree half way with that.. If you can snag a little of that 100 point move you need to be watching it and more likely a person is to mess up;... why try and have your cake and eat it too? when its safer and more likely to try and ride the rebound as opposed to being on the mountain top.
Also people have predicted major break downs. me included, which inst easy to do but not impossible.
Edited by mjoke - 7/10/12 at 1:00pm